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Manufacturing PMI up for third straight month but still falls short of growth
EconomyMacroeconomyGreece’s Manufacturing PMI increased for the third successive month by 0.3 points to 49.4 in December from 49.1 in November, according to Markit. Although slightly improved, the headline figure remained below the 50-point mark, which separates growth from contraction, for the fourth straight month
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Greek Manufacturing PMI down to 48.3 pts in January, reaches 15-month low
EconomyMacroeconomyAfter rising in the preceding three months, Greece’s Manufacturing PMI dropped by 1.1 points to 48.3 in January from 49.4 in December, according to Markit. The headline figure fell to a 15-month low, while it was the seventh sub-50 reading in the last eight months. The decline is mainly owed
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PMI falls to 46.9 pts in June in ten straight months of contraction
EconomyMacroeconomyGreece’s Manufacturing PMI eased by 1.1 points to 46.9 in June from 48 in May, according to Markit. The headline figure indicates the second lowest reading in the last two years, while remains below the 50-point mark implying a contraction for the tenth successive month. The survey data displayed
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Manufacturing PMI falls to record low in July, new business sees biggest drop
EconomyMacroeconomyGreece’s Manufacturing PMI tumbled to 30.2 in July from 46.9 in June recording its lowest ever reading, according to Markit. The sharp deterioration was evident in almost all variables of the survey including output, new orders, employments and stocks. This was mainly led by the capital goods
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Greek PMI edges up to 48.1 in Nov, suggest pace of deterioration slowing
EconomyMacroeconomyGreece’s Manufacturing PMI continued heading north by 0.8 points to 48.1 in November from 47.3 in October, a Markit survey displayed on Tuesday. Although the November reading is the highest over the past seven months, it still indicates worsening in operating conditions of Greek manufacturers amid
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PMI above 50 points in Dec for first time in 16 months but underlying problems remain
EconomyMacroeconomyGreece’s Manufacturing PMI edged over the 50-point mark, which separates growth from contraction, and reached 50.2 in December from 48.1 in November, Markit’s survey showed on Monday. The December headline figure signaled a return to growth for the first time since August 2014 and mainly reflected
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PMI at 50 points in Dec as manufacturing shows signs of stabilisation
EconomyMacroeconomyGreece’s Manufacturing PMI slightly fell to 50 points in January from 50.2 in December, Markit survey showed on Monday. The latest figure signals a stabilisation in the manufacturing sector on broadly unchanged operating conditions. The data showed marginal drops in volumes of output and new orders
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PMI falls 1.6 pts to 48.4 in February
EconomyMacroeconomyGreece’s Manufacturing PMI dropped by 1.6 points to 48.4 in February from 50 in January, according to the Markit survey published on Tuesday. The headline figure for February shows a decline for the first time in the last three months. Manufacturers reported a drop in output and incoming new orders
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PMI rebounds 0.6 pts to 49 in March but remains below 50-point mark in Q1
EconomyMacroeconomyGreece’s Manufacturing PMI improved 0.6 points to 49 in March from 48.4 in February, Markit’s survey showed on Friday. The March headline figure points to a softer downturn in the manufacturing sector amid drops in output, incoming new orders and stock levels, while workforce rose slightly
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PMI edges up to 49.7 in Apr, highest reading in last three months but concerns remain
EconomyMacroeconomyGreece’s Manufacturing PMI rebounded for the second straight month by 0.7 points to 49.7 in April, Markit survey displayed on Wednesday. The April figure is the highest reading since February but still remained below the 50-point mark that separates contraction from growth. The downturn
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